Oil & Gas Journal Articles, Apr 2004

Regular Features
- Letters
  - Letters
    In your article ("Madrid bombings highlight terrorist links in Iraq," OGJ, April 5, 2004, p. 76) you argue that the recent bombings in Madrid show conclusively that there was a strong link between Al-Qaeda and Iraq, thus demonstrating that the US was correct that our war in Iraq is about fighting terrorism.
- OGJ Newsletter
  - OGJ Newsletter
    Although not officially stated, the Organization of Petroleum Exporting Countries reportedly plans to administer a new oil price band of $24-30/bbl, up from its avowed $22-28/bbl band, said Michael Rothman and Steven A. Pfeifer, first vice-presidents and senior analysts at Merrill Lynch Global Securities Research & Economics Group, New York, in an Apr. 14 report.
- Journally Speaking
  - Next Big Thing: Peak oil
    As faithful readers can attest, OGJ has been devoting more space of late to the issue of future oil supply.
- Editor's Perspective
  - The fuel-politics circus
    The fuel-politics circus The politics of petroleum refining has become a circus of contradiction in the US.
  - Hope for Mideast democracy survives conference failure
    Hope for democracy lingers in the Middle East despite the late-March collapse of an Arab summit on the subject.
- Equip/Software/Lit
  - Equipment/Software/Literature
    Newly launched CreditAlerts creditmanagement software automatically monitors the credit status of a petroleum distributor's customers and can delay or halt an order from or delivery to a credit risk until the credit issue is resolved.
- Services/Suppliers
  - Services/Suppliers
    Bosch Rexroth AG Lohr, Germany, has announced the appointment of Manfred Grundke as president upon the retirement of Winfried Witte.
General Interest
- A counterintuitive notion: economic growth bolstered by high oil prices, strong oil demand
  The standard comment that "high oil prices hurt economic growth" is totally undermined by real-world and real-economy trends.
- EIA: Import concerns, fuel specs add to gasoline cost
  US retail gasoline prices are expected to average $1.76/gal during April-September, about 20¢ higher than for the same period last year, according to US Energy Information Administration projections released Apr. 8.
- EPA urged to reexamine marine, train diesel rules
  EPA urged to reexamine marine, train diesel rules Industry trade associations representing most, although not all, refiners, want the US Environmental Protection Agency to rethink an EPA draft plan to limit the sulfur content of locomotive and marine diesel to 15 ppm in 2010.
- Japan gains funding for Azadegan oil field development
  Japan gains funding for Azadegan oil field development Japanese officials appear to have weathered yet another crisis in their continuing efforts to secure a deal with Iran for the development of its giant Azadegan oil field.
- Watching Government: Aid auditing
  The United Nations Security Council Mar. 31 agreed to commission an independent panel to investigate corruption charges within the UN's now-defunct Iraq Oil-for-Food program.
- Poor reliability standards faulted for power outage
  The worst electric power blackout in US history, which occurred in the US northeast on Aug. 14, 2003, was caused by operator error, line maintenance issues, and the lack of reactive power in the FirstEnergy region, said the US-Canada Power System Outage Task Force Apr. 5 in its final report (OGJ Online, Aug. 22, 2003).
- FERC mainly favors shippers in Santa Fe pipeline case
  The US Federal Energy Regulatory Commission unanimously affirmed most of an earlier administrative law judge's ruling that shippers on Kinder Morgan Energy Partners' (KMEP) Santa Fe Pacific Pipelines (SFPP) could challenge rates being charged on the system. m
- MMS mulls over changes in OCS pipeline access rules
  The US Department of the Interior's Minerals Management Service last week solicited industry and others for advice as it considers amending offshore oil and gas pipeline access rules.
- Law of the Sea Convention hits rough waters in US Senate
  US Senate approval of the 21-year-old Law of the Sea Convention is now far less certain than trade groups anticipated a few months ago.
- Trinidad and Tobago seeks out partners for fifth LNG train
  Atlantic LNG Co. of Trinidad & Tobago (ALNG) has begun construction of a fifth LNG train in Trinidad and Tobago, although the consortium's members will differ from those that now own ALNG's existing three trains as well as the 800 MMcfd fourth train, now under construction.
- Company News: Pengrowth to buy Canadian assets from Murphy Oil
  Pengrowth Corp. Calgary, administrator of Pengrowth Energy Trust, agreed to acquire oil and natural gas assets in Alberta and Saskatchewan from a subsidiary of Murphy Oil Corp. through a share purchase worth $550 million (Can.).
- Personnel Moves & Promotions: Amerada Hess names chief financial officer
  Amerada Hess Corp. named John P. Rielly senior vice-president and chief financial officer. Rielly succeeds John Y. Schreyer, who plans to retire from Amerada Hess on Apr. 30.
- Editorial: The fuel-politics circus
  The politics of petroleum refining has become a circus of contradiction in the US.
Special Report
- US E&D operations focus more on gas, resource plays
  This snapshot of exploration and development highlights in the US reflects more focus on gas than oil and onshore a shift to unconventional resource plays.
- Unconventional gas fields gain in US
  This sidebar contains summary information on performance of many of the largest gas fields in the US Lower 48 states.
Drilling & Production
- North Sea operators drilling varied projects
  It is a foregone conclusion that North Sea oil production is winding down, but there is still huge potential for additional oil and a great quantity of natural gas.
- North Sea drilling fleets poised for action
  Drilling continues in the North Sea with an overall rig utilization rate of 71.4%.
Processing
- Survey: Some US refiners are uncertain about plans for ultralow-sulfur diesel
  Some US refiners are still uncertain as to the types of capital investments they will make to satisfy new ultralow-sulfur diesel highway-fuel regulations, according to a survey from the Clean Fuels Clearinghouse.
Transportation
- Here's why current imports are limited, how they will grow
  Tracking LNG production trains is more useful in projecting US LNG imports to the East and Gulf Coasts because imports will generally be limited by the availability of LNG, not import terminal capacity.
Print Ad Index
- Advertising Index
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Issue 15

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Oil & Gas Journal

Regular Features

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Editor's Perspective

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